The U.S. Supreme Court has rejected Mark S. Scott’s appeal, affirming his conviction for orchestrating a multi-million dollar money laundering scheme associated with the notorious OneCoin cryptocurrency fraud. […]
FC Barcelona Instagram Hack: $26,000 in Crypto Fraud and Lack of Response
An unauthorized account takeover of FC Barcelona’s Instagram page resulted in a fraudulent crypto scheme generating $26,000 in illicit gains. The hack primarily impacted the Pump Fun token, […]
Portuguese National Arrested for $580 Million Cryptocurrency Fraud in Bangkok
A Portuguese national, Pedro M., has been arrested in Bangkok for allegedly orchestrating a €500 million cryptocurrency fraud that spanned Europe, Asia, and impacted locals across the region. […]
CBI Investigates Major Cryptocurrency Fraud Linked to HPZ Token
India’s Central Bureau of Investigation (CBI) has launched a major investigation into a suspected international cryptocurrency fraud involving the HPZ token, as part of its ongoing operation ‘Chakra-V’. […]
EminiFX Founder Ordered to Pay $228M Restitution for Ponzi Scheme
A federal judge has declared EminiFX a Ponzi scheme, ordering its founder, Eddy Alexandre, to pay $228 million in restitution. The ruling followed a lengthy investigation by the […]
Kroll Lawsuit Explores Cybersecurity Failures Following FTX Data Breach
Kroll, a financial and risk advisory firm, is facing a class-action lawsuit from FTX creditors over alleged negligence following a data breach that exposed sensitive personal information of […]
Taiwan Charges 14 in BitShine Crypto Fraud Case
**BitShine Investigation:** Taiwanese authorities have charged 14 individuals linked to the $41 million BitShine crypto scam, addressing accusations of fraud and money laundering without statements from BitShine leadership. […]
USDT Scam Uncovered: Six Arrested in Taiwan
A recent USDT scam involving a South Korean businessman has shed light on the risks associated with peer-to-peer cryptocurrency transactions. Six suspects were apprehended for their alleged role […]
Cryptocurrency Fraud Case Reveals Rise of Shady Schemes
A recent cryptocurrency fraud case brought to light by the U.S. Department of Justice highlights the growing trend of scammers exploiting the increasing popularity of digital currencies. The […]
HashFlare Founders Sentenced: $577M Crypto Scheme Lands Co-Conspirators Behind Bars
Sergei Potapenko and Ivan Turõgin, the co-founders of defunct crypto mining platform HashFlare, have been sentenced to 16 months in prison. Their sentence reflects a lighter penalty than […]
Do Kwon Set to Reshape $40 Billion Terra Collapse Case: Expecting Plea Shift
Do Kwon’s plea change is expected to dramatically impact the ongoing $40 billion Terra collapse fraud case. Judge Paul Engelmayer has been notified of his upcoming shift and […]
Barcelona Court Investigates Cryptocurrency Fraud Case Targeting Football Players
A court in Barcelona is investigating a potential cryptocurrency fraud case involving professional footballers. Shirtum, a company accused of defrauding investors to the tune of at least $3.4 […]
Former SafeMoon CEO Found Guilty in $200 Million Cryptocurrency Fraud
Braden John Karony, former CEO of SafeMoon, has been convicted on charges of conspiracy to commit securities fraud, wire fraud, and money laundering. The conviction, delivered on May […]
Ex-SafeMoon CEO Sentenced to 45 Years in Crypto Fraud Case
Former SafeMoon CEO, Braden Karony, has been sentenced to 45 years in prison for defrauding investors and misusing stolen funds. A New York federal jury found him guilty […]
SEC Charges Unicoin Executives in $100 Million Fraud Case
The U.S. Securities and Exchange Commission filed charges against Unicoin and its executives for allegedly defrauding investors of over $100 million. The complaint was announced on May 21, […]